Question: Enabled: Term Exam 2 covering chapters 7 , 8 , 9 and 1 0 ( i ) Three payments are scheduled as follows: $ 2
Enabled: Term Exam covering chapters andi
Three payments are scheduled as follows: $ is due today, $ is due in five months, and $ is due in eight months. The three payments are to be replaced by a single equivalent payment due ten months from now.
What should the payment be if money is worth Use ten months from now as the focal date. Do not round intermediate calculations and round your final answer to decimal places.
Payment
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